Business Environment

1: Assertion (A). Domestic competition has increased since 1991. Reason (R). Except for 7 industries, rest has delicensed.
A.
Both (A) and (R) are true and (R) is the correct explanation of (A).
B.
Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.

(A) is true but (R) is false.

D.

(A) is false but (R) is true.

 

Answer : A

Explanation :

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Option: A

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